In: Accounting
1- The Statute of Limitations discharges a debt by operation of law unless the debtor reinstates the debt.
Select one:
True
False
2- When an anticipatory repudiation occurs, it is treated as a material breach of a contract.
Select one:
True
False
3-
If Party A substantially performs but not to Party B's satisfaction, Party B can demand full performance, regardless of the expense. |
Select one:
True
False
4- Anything less than complete performance is a material breach of contract.
Select one:
True
False
5- Any breach entitles the non-breaching party to sue for damages.
Select one:
True
False